Interventional Neurology Devices Market is Estimated to Grow at a CAGR of 5.4% within the forecast period of 2023-2030: Cognitive Market Research

Global Interventional Neurology Devices Market Overview:
What is Interventional neurology?
Interventional neurology is a division of neurology. It uses radiography and catheters to detect and treat various central nervous system disorders and diseases such as brain aneurysms using minimally invasive neurology systems such as embolectomy, stenting, coil embolization, and others. The brain and spinal cord include the central nervous system. Instead of open surgery, interventional neurology uses tools that flow through blood vessels to treat and detect diseases.

Summary:
• As per the study of CMR, The Global Interventional Neurology Devices market is estimated to be valued at USD 2,450.7 million in 2022 and is expected to exhibit a CAGR of 5.4% during the forecast period (2023-2030).
• By product types, the embolic coils segment is forecasted to dominate the global interventional neurology devices market
• North America dominates the global interventional neurology devices market with the highest revenue share

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Global Interventional Neurology Devices Market Dynamics:
The increasing population suffering from neurological conditions across the globe is the major factor that drives the demand for the growth of the market. In addition, growing spending for development and research activities especially in the developed and developing economies neurology devices dominates the target market.
Furthermore, technological advancements in neurology devices across the globe will provide opportunities for the major market players
However, high costs related to research and development activities, and limited infrastructural facilities could hamper the growth of the global market. In addition, irregular distribution of medical services, and a lack of skilled neurologists are other factors that drive the demand for the global market.

Global Interventional Neurology Devices Market Segmentation:
Product:
• Aneurysm Coiling & Embolization Devices
• Cerebral Balloon Angioplasty & Stenting Systems
• Support Devices
• Neurothrombectomy Devices
The aneurysm coiling & embolization devices segment is forecasted to dominate the global market with the highest revenue share. This is attributed to the increasing demand for less invasive neurosurgery operations from end-users and the growing availability of embolic coils for neurovascular therapy dominates the target market.

Application:
• Cerebral Aneurysm
• Subarachnoid Hemorrhage (SAH)
• Ischemic Strokes
• Extracranial & Intracranial Atherosclerosis
• Head and Neck Tumors
• Others
By application, the target market is segmented into cerebral aneurysm, ischemic strokes, subarachnoid hemorrhage (SAH), extracranial & intracranial atherosclerosis, head and neck tumors, and others. The cerebral aneurysm segment dominated the target market. Increasing adoption of minimally invasive neurosurgical procedures among neurosurgeons for cerebral aneurysms dominates the global market.

Technique:
• Angioplasty
• Coil Embolization
• Embolectomy
• Stenting
• Thrombectomy
• Others
By product types, the embolic coils segment is forecasted to dominate the global interventional neurology devices market, due to rising product launches by major key players market.

End User:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others
The hospitals & surgical centers segment is forecasted to dominate the global market in terms of revenue share. Further, ambulatory surgical centers dominate the target market during the forecast period. The rising safety and efficacy of these centers, improved productivity, and the presence of a focused clinical staff are forecasted to dominate the growth of the market.

Competitive Analysis of Interventional Neurology Devices Market: Abbott, DePuy Synthes, Medtronic, Stryker, Terumo, Acandis, Bayer, Boston Scientific, Biosensors International, Evonos, Merit Medical Systems, MicroPort Scientific, Neurosign, Penumbra, Spiegelberg, Surtex Instruments

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North America has the highest revenue share in the global interventional neurology devices market
North America region has the largest revenue share for the growth of the global interventional neurology devices market. This is attributed to the strong base of healthcare facilities, widespread utilization of medications, and increase in occurrences of chronic neurological diseases in the region. Furthermore, Asia Pacific is forecasted to dominate the global market in terms of growth rate. Rising government initiatives to promote awareness, increase in medical tourism, and growing research activities in the region in the countries.

Global Interventional Neurology Devices Market Recent Development
Johnson and Johnson introduced the launch of a product called Cerenovus Stroke Solutions.
In May 2021, Johnson and Johnson introduced the launch of a product called Cerenovus Stroke Solutions. It includes three devices to help in procedures of clot removal. This will aim to revolutionize the market and bring profits in the long run.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Interventional Neurology Devices Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Interventional Neurology Devices Market Segmentation
1.5.1 Interventional Neurology Devices Market Regional Fragmentation
1.5.1 Interventional Neurology Devices Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Interventional Neurology Devices Market
• 3.1 Global Interventional Neurology Devices Market Size 2018 - 2030, (USD Million)
• 3.2 Global Interventional Neurology Devices Value, Absolute & Opportunity Analysis
• 3.3 Global Interventional Neurology Devices Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Interventional Neurology Devices Market Statistics 2022: Snapshot
Chapter 4 Global Interventional Neurology Devices Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Interventional Neurology Devices Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Interventional Neurology Devices Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Interventional Neurology Devices Market by Technique Segmentation Analysis (2018-2030)
Chapter 12 Global Interventional Neurology Devices Market by End User Segmentation Analysis (2018-2030)
Chapter 13 Global Interventional Neurology Devices Market Regional Analysis
Chapter 14 North America Interventional Neurology Devices Market Outlook (2018 - 2030)
Chapter 15 Europe Interventional Neurology Devices Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Interventional Neurology Devices Market Outlook (2018 - 2030)
Chapter 17 Latin America Interventional Neurology Devices Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Interventional Neurology Devices Market Outlook (2018 - 2030)
Chapter 19 Research Findings
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Related Report:
• Neurovascular Intervention Devices Market- https://www.cognitivemarketresearch.com/neurovascular-intervention-devices-market-report
• Neurology EMR Software Market- https://www.cognitivemarketresearch.com/neurology-emr-software-market-report
• Neurovascular Intervention Coil Market- https://www.cognitivemarketresearch.com/neurovascular-intervention-coil-market-report
• Interventional Neurology Devices Market- https://www.cognitivemarketresearch.com/interventional-neurology-devices-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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